Wednesday, November 27, 2024
HomefinanceSalary Hike : Big update on 8th Pay Commission, salary will increase...

Salary Hike : Big update on 8th Pay Commission, salary will increase by 44%! Great news for government employees

8th Pay Commission Latest Updates: After the increase in dearness allowance, the central employees have got great news. Employees across the country are getting salary under the Seventh Pay Commission, but many such complaints are being seen from the employees that they are not getting the salary as per the recommendations.

8th Pay Commission Latest Updates: After the increase in dearness allowance, the central employees have got great news. At present, the employees across the country are getting salary under the Seventh Pay Commission, but many such complaints are being seen from the employees that they are not getting the salary as per the recommendations i.e. more than what they should be getting. Getting less money. In view of all these situations, the government is demanding the Eighth Pay Commission.

Government will get memorandum soon

According to the information received from the employees’ union, a memorandum is being prepared in this regard, which will be given to the government soon. After this, after seeing its recommendations, it will be implemented. Although, on the other hand, the government has categorically denied any consideration on the subject of implementing the 8th pay total in the House, but even after this, the employees are demanding the implementation of the next pay commission.

How much will be the increase in salary?

According to our associate website Zee Business, central employees’ organizations say that at present the minimum wage limit has been kept at Rs 18,000. In this, a lot of prominence has been given to the Fitment Factor in the increment. This factor is 2.57 times, although in the 7th Pay Commission it has been recommended to keep it up to 3.68 times. If the government agrees on this, then the minimum salary of the employees will increase from Rs 18 thousand to Rs 26 thousand.

How much was the salary of the employees increased by 4th Pay Commission – 

Increase in salary – 27.6%

Minimum salary – Rs 750

How much was the salary of the employees increased by 5th Pay Commission – 

Increase in salary – 31%

Minimum salary – Rs 2,550

6th Pay Commission increased the salary of employees by how

much, fitment factor – 1.86 times

increase in salary – 54 percent,

minimum salary – Rs 7,000

The government can also launch a new system,

according to sources, now after the 7th Pay Commission, the new Pay Commission will not come. Instead, the government is going to implement such a system, which will automatically increase the salary of government employees. This can be an ‘automatic pay revision system’, in which there will be automatic revision in salary if DA is more than 50 percent. If this happens, then 68 lakh central government employees and 52 lakh pensioners will get its direct benefit.

How much was the salary of the employees increased by the 7th Pay Commission? 

8th Pay Commission increased the salary of the employees (Fitment Factor)

Fitment factor – 3.68 times Possible

increase in salary – 44.44%

Minimum salary – Rs 26000 possible

The government can also launch a new system,

according to sources, now after the 7th Pay Commission, the new Pay Commission will not come. Instead, the government is going to implement such a system, which will automatically increase the salary of government employees. This can be an ‘automatic pay revision system’, in which there will be automatic revision in salary if DA is more than 50 percent. If this happens, then 68 lakh central government employees and 52 lakh pensioners will get its direct benefit.

 

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments